Despite the importance of achieving sustainable profitable growth, evidence reveals that very few companies actually manage to show either of these, let alone both. In fact there is often tension between revenue growth and increased profitability, as well as between short term gains and sustainable long-term performance. Executives who can become skilled at balancing these conflicting goals will reap the rewards andï¿½this book shows you how to become one of them.Drawing on extensive research carried outï¿½with more than 5000 of the world's largest companies, including Nestle, Nokia and Shell, authors Chakravarthy and Lorange showï¿½youï¿½thatï¿½to bring about genuinely sustainable profitable growth, business leaders must continually transform and renew their organisations.ï¿½ The bookï¿½explores the four strategiesï¿½to use to achieveï¿½growth through renewal: protecting and extending your core business, exploring new opportunities and capabilities, building, and leveraging. The authors explain each strategy, and the behaviours and techniques needed to applyï¿½it, using examples from international firms like Ericsson, Wal-mart and Hewlett Packard. Read this book,ï¿½and you will find out that the role of executives at every level is essential in delivering the transformations required to produce profitable growth. You will then learn how to adapt your own behaviour in both strategic planning and in management to deliver sustainable profitable growth for your company.
- Limba : Engleza
- Cuprins : List of figures Acknowledgements 1 The performance dilemmas The elusive targets Tension between profitability and growth Managing performance dilemmas Wisdom from the field Driving profitable growth About this book What to expect PART ONE: STRATEGY 2 Renewal strategies Renovation and innovation The traditional renewal strategies Protecting and extending the core Transforming the core Two important bridging strategies Leveraging the core Building the core Risks in renewal Summary 3 Continuous renewal Continuous renewal strategies An exemplar: Best Buy Summary 4 A blended approach The wrong preoccupation Supporting the transform strategy Supporting the protect and extend strategy Supporting the build strategy Supporting the leverage strategy A blended approach to spurring continuous renewal An exemplar: Medtronic Summary PART TWO: EXECUTION 5 The entrepreneur-manager Skills of an entrepreneur-manager Personal traits Professional experience Summary 6 Sponsoring rene
- Data Publicarii : 15 Aug 2007
- Format : Hardback
- Numar pagini : 192
- ISBN : 9780273711728